The COVID-19 pandemic has dramatically reshaped global insurance markets. Its impacts are largely felt through asset risks, notably capital markets volatility, and weaker premium growth prospects.
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Even as the global economy emerges from the coronavirus crisis, the economic and financial shocks of the pandemic are likely to main visible in the earnings of global multiline insurers in 2021. Insurers are likely to see an increase in claims in personal lines, especially auto, as lockdowns end or loosen up, and as extreme weather is expected to intensify.Read the Research